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Pinellas County homes: Sales up, prices down

When it comes to tracking the latest home sales in Pinellas County, the trend continues — sales up, but average sales price down.

The Pinellas Realtor Organization, which keeps track of such things, reports sales of homes in the county for May totaled 971, up from 941 homes sold in May of 2008. That’s a good, if modest, increase of 3.2 percent. The median sales price, however, was just $140,000, down a full 20 percent from May 2008’s median price of $175,000.

That trend — sales up, but home sale prices down — has been going on for some time now.

Another statistic from the Pinellas Realtor Organization is encouraging. In May, there were 6,910 single family homes listed in the Multiple Listing Service, way down from the peak of 11,003 single family MLS listings in February 2006.

Tags: home sales, pinellas county, Pinellas County real estate

This entry was posted on Wednesday, June 17th, 2009 at 3:41 am and is filed under pinellas county. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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